Answer:
If she uses the Laplace criterion, the number of new examiners she will decide to hire is:
c. three
Step-by-step explanation:
a) Data:
Number of Compliance
examiners Low Normal High
One 50 50 50
Two 100 60 20
Three 150 70 -10
b) Outcome Calculations:
Number of Compliance
examiners Low Normal High
One 16.65 (50 *.333) 16.65 (50 *.333) 16.65 (50 *.333) = 50
Two 33.3 (100 *.333) 19.98 (60 *.333) 6.66 (20 *.333) = 60
Three 49.95 (150 *.333) 23.31 (70 *.333) -3.33 (-10 *.333) = 70
c) Decision:
Three has the highest payoff condition and is selected.
d) The Laplace criterion assumes that each compliance state is equally likely to happen. Therefore, it assigns the same weight to each state of compliance. Since there are three states of compliance, we shall assign each state a weight of 0.333. The number of examiners that have the highest payoff condition is three, and therefore, the number "three" is selected.
Answer:
We also know that for Wedneday we have two times tickets for adults compared to child so we have
And using this condition we have:
And solving for X we got:
So then the number of tickets sold for child are 36
Step-by-step explanation:
For this problem we can set upt the following notation
X = number of tickets for child
Y= number of tickets for adults
And we know that the total revenue for Wednesday was 831.60. So then we can set up the following equation for the total revenue
We also know that for Wedneday we have two times tickets for adults compared to child so we have
And using this condition we have:
And solving for X we got:
So then the number of tickets sold for child are 36
For APEX it’s C
(0.15/365 • 30) ($320)
Good luck my dudes!!
If the law is basically if unemployment goes up 1% then the GDP goes down 2%, then the unemployment rate going down 3% means the GDP will go up 6%
5x+10y=4750
x+y=600
x=250
y=350
250 theater tickets
350 orchestra tickets
